With 3.59B Outstanding Shares, Can HSBC Holdings plc ADR (NYSE: HSBC) Deliver Big Short-Term Gains?

HSBC Holdings plc ADR (NYSE:HSBC) currently has a daily average trading volume of 2.44M but it saw 1517040 shares traded in last market. With a market cap of 209.08B USD, the company’s current market price of $58.85 came rising about 0.29 while comparing to the previous closing price of $58.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $61.88 and as low as $37.45. In the recent trading on the day, stock has struck highest price mark of $58.475 while lowest mark touched by it was $59.105.

Taking a look at 20-day trading activity of HSBC Holdings plc ADR (HSBC) gives us an average price of $57.84, while its current price level is -4.90% below from 52-week high level whereas it is 57.13% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $54.38 while that of 200 days or SMA-200 reads an average of $47.20. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.18% during that period while stretching the period over a month that increases to 1.63%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 60.98 which implies that the stock is in neutral territory.

Over the week, HSBC’s stock price is moving 5.58% up while it is 3.46% when we observe its performance for the past one month. Year-to-date it is 18.99% up and over the past year, the stock is showing an upside performance of 57.66%.

The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $16.5B as analysts are expecting the sales for current fiscal year at $66.04B and seeing the company making $67.6B in sales next year. Moreover, analysts are in estimates of $16.6B for current-quarter revenue.

Currently, HSBC Holdings plc ADR’s total number of outstanding shares is 3.59B with 0.00% of that held by the insiders while 1.65% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.99% and return on equity (ROE) at 13.74%. It has a price to earnings ratio (P/E ratio) of 9.55 while having a 8.38 of forward P/E ratio. Stock’s beta reads 0.38. Stock has a price to book (P/B) ratio of 1.27 while price to sale or P/S ratio amounts to 1.44. Its return on asset (ROA) is 0.76% on average.